Intersect Capital LLC reduced its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 2.7% in the 1st quarter, Holdings Channel reports. The firm owned 166,921 shares of the exchange traded fund’s stock after selling 4,693 shares during the quarter. Intersect Capital LLC’s holdings in Alerian MLP ETF were worth $1,674,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. HRT Financial LLC acquired a new stake in Alerian MLP ETF during the 4th quarter worth approximately $849,000. SignalPoint Asset Management LLC raised its holdings in Alerian MLP ETF by 15.5% in the 4th quarter. SignalPoint Asset Management LLC now owns 51,711 shares of the exchange traded fund’s stock valued at $451,000 after acquiring an additional 6,942 shares in the last quarter. Montecito Bank & Trust raised its holdings in Alerian MLP ETF by 39.3% in the 1st quarter. Montecito Bank & Trust now owns 259,905 shares of the exchange traded fund’s stock valued at $2,607,000 after acquiring an additional 73,334 shares in the last quarter. Hamlin Capital Management LLC raised its holdings in Alerian MLP ETF by 1,758.7% in the 4th quarter. Hamlin Capital Management LLC now owns 204,455 shares of the exchange traded fund’s stock valued at $1,785,000 after acquiring an additional 193,455 shares in the last quarter. Finally, IHT Wealth Management LLC acquired a new position in Alerian MLP ETF in the 4th quarter valued at $126,000.
Shares of NYSEARCA AMLP opened at $9.96 on Monday. Alerian MLP ETF has a fifty-two week low of $8.27 and a fifty-two week high of $11.41.
About Alerian MLP ETF
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class.
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